{"data":{"id":"us-ar/ark.-code-ann.-15-22-805","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-22-805","heading":"Loans or grants - Amounts","body":"(a) The Arkansas Natural Resources Commission is authorized to make either loans or grants to local governments to provide them with the nonfederal interest's share of the cost share for a water resources development project. (b) (1) The commission shall not make a loan or grant to a local government for more than fifty percent (50%) of the total project cost for a water resources development project. (2) If the commission determines to provide assistance for a water resources project without the requirement of the execution of a cooperative agreement, the commission may provide up to sixty-five percent (65%) of the total project cost in the form of a loan or grant to the local government. Acts 1989, No. 257, § 5; 2001, No. 1039, § 1.\n\n(a) The Arkansas Natural Resources Commission is authorized to make either loans or grants to local governments to provide them with the nonfederal interest's share of the cost share for a water resources development project.\n\n(b) (1) The commission shall not make a loan or grant to a local government for more than fifty percent (50%) of the total project cost for a water resources development project. (2) If the commission determines to provide assistance for a water resources project without the requirement of the execution of a cooperative agreement, the commission may provide up to sixty-five percent (65%) of the total project cost in the form of a loan or grant to the local government.\n\n(1) The commission shall not make a loan or grant to a local government for more than fifty percent (50%) of the total project cost for a water resources development project.\n\n(2) If the commission determines to provide assistance for a water resources project without the requirement of the execution of a cooperative agreement, the commission may provide up to sixty-five percent (65%) of the total project cost in the form of a loan or grant to the local government.","path":["AR Code","Title 15","Chapter 22","Subchapter 8"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"95ab136544f8eacdf892d9a13f9c23fbdaf2cf2c7ad76080b4feb032ed840ad1","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-22-804","next":"us-ar/ark.-code-ann.-15-22-806"},"notice":"GroundRules: Original legal text. Not legal advice."}